News
(Waters Technology)($)
Chris Edmonds and Jeffrey Sprecher first met in the late ‘90s. Sprecher’s Intercontinental Exchange, or ICE, was in its infancy, aiming to provide a network for over-the-counter energy commodity trading. Edmonds was working his way up the corporate ladder in the energy trading business, where he had started in 1997 as an OTC natural gas broker at ICAP. In essence, the two were competitors.
(The Trade)
In late 2023, The TRADE and Optiver partnered on the buy-side European cash equity trading survey, uncovering key trends in the space through original research, delving into: market structure, real time transaction cost analysis (TCA), buy-side broker relationships, data costs, consolidated tape plans and more.
(The Trade)
With the topic of data becoming increasingly central to market developments, The TRADE sat down with Marion Leslie, head of financial information at SIX, to unpack the role of data in how trading strategies are evolving, how the buy-side is preparing for a data-driven future, and the regulatory considerations at the fore of the industry’s attention.
(The Desk)
Automation has historically been highly challenging in corporate bond markets for several reasons, but traders say some parts of the workflow ‘ought’ to be automated by now within buy-side firms.
(Global Trading)
The London Stock Exchange Group has finally come out with a stance on the consolidated tape, an issue on which it has hitherto remained cautious. A new statement released today by head of market structure Jessica Morrison urges an “accurate post-trade tape” but says that “a robust use case” for including pre-trade data is lacking.
More News
-
A 28-Mil Head Start
(IEX Exchange)
-
DSB says industry is ready to meet UPI mandate ahead of deadline
(Waters Technology)($)
-
Goldman Sachs and JPMorgan are making senior changes to their AI teams
(efinancial careers)
-
FSB sets out NBFI liquidity preparedness proposals
(Best Execution)
-
BNY Mellon deploys Nvidia DGX SuperPOD, identifies hundreds of AI use cases
(Waters Technology)($)
-
State Street exploring acquisition of SocGen’s custody arm, reports say
(Financial News)($)
-
Welcome to the dark side
(Best Execution)
-
The former JPMorgan MDs becoming product executives in fintech
(efinancial careers)
-
SimCorp taps BlackRock for new head of Americas
(The Trade)
-
Citadel Securities technology head resurfaces after 2 years at HFT firm
(efinancial careers)
-
ON THE MOVE: BIDS Trading Hires Brian Hickey; Alex Grinfeld Joins Liquidnet
(Traders Magazine)
-
ESMA: EMIR data quality ‘evolving positively’
(Best Execution)
-
Systematic tools gain favor in fixed income
(Waters Technology)($)
-
No changes to CLSSettlement ahead of T+1
(Best Execution)
-
‘Very careful thought’: T+1 will introduce costs, complexities for ETF traders
(Waters Technology)($)
-
Hidden Road ready for rush hour after FCM approval
(Risk.net)($)
-
Why ‘Tokenizing’ Assets Is Turning Banks On to Crypto
(Bloomberg)($)
-
Private Market Tokenization Shows Power of Smart Contracts
(Markets Media)
Most Commented